Codemasters has confirmed that the publisher and developer house is facing some dire job cuts. While they didn’t mention the number of staff that were at risk of losing their jobs, they did confirm to Eurogamer that the layoffs were not company wide. However, an anonymous source for GamesIndustry International claims that around 80 job cuts are being planned and majority of the redundancies are at Codemasters’ Southam headquarters, which houses over 500 staff.

Codemasters also confirmed that even though the company is undergoing a restructure, the development process of their major titles like Grid 2and the F1 series will not be affected.

The studio have released the following statement:

As the Company realigns its operations to focus on areas of increased strategic importance and decrease resources in areas that are not delivering value for the business, the Company has proposed the restructure of certain aspects within its digital development and publishing units in line with future product strategy.

As a result of the proposed restructure, the Company has therefore entered into a period of collective consultation with the affected employees.

The restructure is not company-wide and is not anticipated to impact the development of its core console and PC titles such as GRID 2 or its annual FORMULA ONE title.